Tag: ITAT
ITAT Quashes Income Tax Addition Based On ‘Dumb Documents’
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has quashed the income tax addition based on ‘dumb documents’.The bench of Satbeer Singh Godara...
Here’s Why ITAT Quashes Income Tax Revision Against OYO
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has quashed the revision under Section 263 of the Income Tax Act, 1961 on the...
Income Tax Dept. Mistakes ‘Interest’ For ‘Instrument’: ITAT Deletes ₹2.45 Lakh Addition
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) deleted addition of Rs. 2.45 Lakh as the income tax dept. mistakes ‘interest’ for ‘instrument’.The...
ITAT Imposes Cost Of Rs. 500 On Assessee Citing Unexplained Delay In Filing Income Tax Appeal
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) has imposed the cost of Rs. 500 on assessee citing unexplained delay in filing income...
Barcode-Backed Tax Invoice Wrongly Dubbed Bogus By AO: ITAT
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has held that the Assessing Officer (AO) unjustifiably treated sales as bogus and sham transactions...
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Existence Of ‘International Transaction’ Must Be Established Before Transfer Pricing Benchmarking: Delhi High Court
The Delhi High Court has held that the existence...
Central GST Officers Detect Rs 1.95 Trillion Tax Evasion in April-January Period
The Central Goods and Services Tax (CGST) officers have...
Income Tax Principal Commissioner Can Cancel 12A Registration Without Waiting for Assessing Authority’s Decision: Kerala High Court
The Kerala High Court has held that the income...
DGFT Revises Procedure For General Authorization For Export After Repair
The Directorate General of Foreign Trade (DGFT) has notified...